Daily market structure ETHUSDT perpetualUpdating hourly

Ethereum on Wednesday, 21 October 2026

Asia session: ETH fell 0.36 % (range 2,436–2,465); the bid wall at 2,434 was pulled at 06:30 UTC. ETH is up 1.48 % so far today, trading between 2,436 and 2,498. The high came at 13:05 UTC and the low at 06:20 UTC.

LIVE · ETHUSDT perpetual
2,484.0
▲ +1.48 % today
Low 2,435.9High 2,497.8
bid wall 2,445ask wall 2,500
– – open 2,447.8
00:0006:0012:0018:0024:00 UTC
Liquidations 24 h$68.6M
longs $21.0Mshorts $47.6M
Funding / 8 h+0.0094 %
longs pay · +10.2 % a year
Open interest3,692,949 ETH+0.3 % in 24 h · $9.14B
Next expiry18h 01m
max pain 2,440
Thu 22 Oct 08:00 UTC · 67,937 ETH

Ethereum right now

Updated 21 Oct 2026, 13:58 UTC · refreshed every 5 minutes · descriptive data, not advice

Levels around the price

±3.5 % around price · live, refreshed every 5 minutes

2,4002,4252,4502,4752,5002,5252,5502,458 · 7,467 ETH2,430 · 6,062 ETH2,438 · 5,712 ETH2,470 · 5,683 ETH2,480 · 6,716 ETH2,522 · 6,293 ETH2,512 · 6,110 ETHCall wall 2,500 (+1.0 %)Call wall 0DTE 2,500 (+1.0 %)Put wall 0DTE 2,440 (-1.4 %)Max pain 22 Oct 2,440 (-1.4 %)Gamma flip 2,401.7 (-2.9 %)Put wall 2,400 (-3.0 %)2,474.7
2,4002,4252,4502,4752,5002,5252,5502,458 · 7,4672,430 · 6,0622,438 · 5,7122,470 · 5,6832,480 · 6,7162,522 · 6,2932,512 · 6,110CW 2,500CW 0DTE 2,500PW 0DTE 2,440Max pain 2,440Flip 2,401.7PW 2,4002,474.7
bid wallsask wallscall/put wall0DTEmax pain

The day on one line

Asia-0.36 %London+1.84 % · livePulled bid 2,433.5NOW 13:1100:0003:0006:0009:0012:0015:0018:0021:0024:00
Asia-0.36 %London+1.84 % · livePulled bid 2,433.5NOW 13:1100:0006:0012:0018:0024:00

Sessions

Asia, London and New York, each summed up when it closes. Times follow local opening hours.

Asia
00:00–07:00 UTC
Closed
−0.36 %
2,436 – 2,465  ·  range 29
high 01:50 UTC  ·  low 06:20 UTC  ·  415,299 ETH
Long gamma  ·  CW 2,440  ·  PW 2,440
ETH order book heatmap, Asia session, 21 Oct 2026
London
07:00–13:30 UTC
Live
+1.84 %
2,438 – 2,498  ·  range 59
high 13:05 UTC  ·  low 07:05 UTC  ·  895,213 ETH
Wall events are measured when the session closes.
New York
13:30–20:00 UTC
Upcoming
–
Starts 13:30 UTC
ETH order book heatmap for 21 Oct 2026 with price, options walls and the day's liquidity wall events
Asks (resting sell liquidity)Bids (resting buy liquidity) Call / put wall0DTE wallsGamma flip

What happened

Written from the data, not opinion.

Options positioning puts the call wall at 2,500 and the put wall at 2,400. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.

At 06:30 UTC a 8347 ETH bid wall at 2,434 was pulled before price reached it.

Liquidity wall events

Classified from every trade at the wall's own price, not from candles. What is a liquidity wall?

EventWallTime
PulledBid wall 2,434
8347 ETH wall, 6652 ETH removed in 49.9 s, almost nothing traded
Open in Depth →
06:30 UTC

Options positioning

Deribit, OKX and Bybit open interest, latest snapshot.

Estimated: dealers long gamma

Under the usual sign assumption, dealers buy dips and sell rallies to stay hedged, which tends to calm the market around big strikes.

Call wall
Strike with the most call gamma
2,500 from 2,450
Put wall
Strike with the most put gamma
2,400
Gamma flip
Where total dealer gamma changes sign
2,397 from 2,386
Call wall 0DTE
Expiring within 24 hours
2,500 from 2,440
Put wall 0DTE
Expiring within 24 hours
2,440

Resting liquidity now

Largest walls within 2.5 % of price.

Largest bids below

  • 2,4453294 ETH
  • 2,4502764 ETH
  • 2,4802751 ETH

Largest asks above

  • 2,5003160 ETH
  • 2,4903003 ETH
  • 2,5132882 ETH

Next options expiries

Bar = open interest; monthly and quarterly in orange.

Thu 22 Octdaily
67,937 ETH · 3.3 %
max pain 2,44018h 01m
Fri 23 Octweekly
136,916 ETH · 6.6 %
max pain 2,5001d 18h
Sat 24 Octdaily
10,406 ETH · 0.5 %
max pain 2,4202d 18h
Sun 25 Octdaily
1,851 ETH · 0.1 %
max pain 2,4203d 18h
Fri 30 Octmonthly
474,851 ETH · 22.9 %
max pain 2,5008d 18h
Fri 06 Novweekly
48,335 ETH · 2.3 %
max pain 2,45015d 18h

See every wall form and disappear, live.The same data as this report, second by second, free in your browser.

Open Depth
← 20 Oct

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Method. Price, volume and order book from Binance USDⓈ-M ETHUSDT. Option levels use open interest from Deribit, OKX and Bybit with the common assumption that dealers are long calls and short puts; it is an estimate, not measured positioning. A wall is "held" when trades hit it and price turned, "pulled" when it vanished within seconds with almost nothing traded, "eaten" when most of it was traded away. Times are UTC. Updated 21 Oct 13:10 UTC.